Stifel pulled its target price down slightly, to $55, just a bit above current levels. Starbucks said it would provide additional details on its plans at an investor presentation on Tuesday afternoon.

Earlier this month, Howard Schultz stepped down as president, which fueled reports that he was gearing up for a 2020 presidential run. The stock slumped 3.5 percent in after-hours trading. Starbucks closed its USA stores on May 29 to conduct racial-bias training for its employees.

The Seattle-based company announced Tuesday that it will close approximately 150 underperforming stores in its most densely populated USA markets amid sluggish sales - up from its usual rate of 50 per year.

Sense of relief overwhelms England fans after World Cup win
His late victor gave England their first win in an opening game at a World Cup since they saw off Paraguay in Germany in 2006. He also chose to play with a 3-4-3 formation with Tottenham Hotspur's Harry Kane leading the attacking line.

Johnson laid blame for the disappointing sales growth at the feet of the once-vaunted Frappuccino, which accounted for 14 percent of revenue at company-operated stores as recently as three years ago.

"It is not an excuse", for the 1 percent growth rate, Johnson added. Additionally, it plans to cut general and administrative costs, and has hired a consultant to help in this area.

Starbucks says it can attract more diners in the USA with new menu items and will focus on its expanding tea business, as well as capitalizing on health and wellness trends. Starbucks said it also will slow the growth of licensed stores in airports, supermarkets and other retail stores, reflecting criticism that the coffee-shop pioneer was expanding too rapidly.

Oversaturation of the market could also be an issue plaguing the coffee chain, which is why the store closings will be focused on urban areas with a higher concentration of Starbucks locations.

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Social network Instagram is loosening its restraints on video in an attempt to lure younger viewers away from YouTube. Only 51 percent of people in that group now use Facebook, down from 71 per cent from a similar Pew survey in 2014-15.

All that drama would be for naught if the Find X was packing sub-par cameras; happily, on paper at least, that's not the case. The phone doesn't feature a headphone jack and will instead use the USB Type-C port for audio when plugging in headphones.

However, a classification may make it easier for individual players to acknowledge their addiction and receive treatment. The U.N. health organization announced Monday it added "gaming disorder" to its list of recognized health conditions.

He was under house arrest until March, but had his bail conditions relaxed so he could go on tour, according to Hiphopdx.com . Cole had similarly kind words, calling him an "enormous talent" and saying he had a "strong desire to be a better person".

With neither leader budging, the conflict escalated over the weekend , leading to fears that the government would collapse. However, "the European project is at risk", and "we have a particular responsibility", she said.

The driver was among those hospitalized and he and the passenger were in custody. "We've seen this many, many times". Four people were killed at the scene and a fifth person died at a hospital in San Antonio, the sheriff said.

It disrupts a child's brain development and increases the levels of flight-or-fight hormones in their bodies, Kraft said. Immigrant and children's advocates said the new measures are not only cruel, but costly.

The NHS has been struggling to cope with funding shortages in recent years, particularly during the flu-ridden winter months. That bit would need to reach an additional 1,200 to 2,000 pounds per household a year by 2033 to 2034, according to the IFS.

Jimmy Kimmel might have lost a challenge to Ted Cruz but that didn't stop the TV host from throwing one last jab the senator. Meanwhile, Kimmel shared a photo of himself working with his "physical therapist" (a.k.a. late-night sidekick Guillermo ).

They face Argentina on Thursday (19:00 BST) and finish their Group D campaign against Iceland on Tuesday 26 June (19:00 BST). If the reports are indeed true, Croatia will only have one natural number 9.in their squad, Mario Mandzukic.

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